Sennder raises $70m in bid to take on antiquated logistics market

Berlin-based ground logistics company Sennder recently secured US$70 million in a Series C funding round led by Lakestar, according to TechCrunch, which estimates that Sennder’s valuation is approximately US$300 million.  Sennder raised a Series B totaling $30 million earlier this spring. The startup intends to carve out a niche in the European logistics market by supporting the operations of “full truck […]
  • Brianne Ledda
  • July 22, 2019

Digital forwarder Zencargo completes Series A funding round

London-based Zencargo, a digital freight forwarder, has completed Series A funding, in which it raised US$20 million to continue developing its software and prepare for the launch of its new supply chain analytics and insights group. Alex Hersham, co-founder and chief executive, said that “failing to digitize the supply chain is holding back global businesses,” […]
  • Nina Chamlou
  • April 16, 2019

Digital freight forwarder Zencargo raises US$4 million

London-based digital freight forwarder Zencargo today announced the completion of its “seed plus” round of funding, led by LocalGlobe, with participation from Samos Investments and Picus Capital, bringing total funds raised to more than US$4 million for the startup. Zencargo said the money will go toward accelerating its product development process and expand its presence […]
  • Nina Chamlou
  • September 24, 2018